North Carolina schools receive about $8,573 a year per student and has more than 1.5 million students in K-12 schools, according to the report.

StartClass collected 2014 data — the latest information available — from the NCES Common Core of Data. The website ranked states by state-level revenue per student in K-12 schools. While the report notes that state funding formulas differ by jurisdiction and funding doesn’t necessarily equate to quality, the numbers do offer an interesting comparative snapshot.